A delegation of the KCCI led by its president Sheikh Ashiq Ahmad on Thursday had a detailed interaction with Chief Secretary, BVR Subramanyam. The KCCI (Kashmir Chamber of Commerce and Industries) president raised the issue of compensation for horticulture sector due on damages caused by snowfall, the chamber had raised earlier, a statement issued here read. The delegation was apprised about the disbursal of around 135 crore rupees in this regard with further funds of 95 crores earmarked for this purpose. The problems in implementation of the Crop Insurance Scheme was discussed and concern was expressed at the delay in finalisation of a weather-based insurance cover for the farmers, the statement read.
The delegation appreciated the efforts put in by the administration in following-up on the demand for a North East Industrial Package for J&K which is in final stages. The KCCI raised the requirement of trade centres in major Indian cities for promotion of economic activities of the state. Sheikh Ashiq urged for taking up the demand of reduction of GST rates on handicrafts in the upcoming meet of the GST Council. The delegation also interacted with K K Sharma, advisor to governor and requested him to raise the issue of reduction of GST rates on handicrafts. The delegation also discussed various suggestions for the promotion of trade and commerce in and outside the state. The members also raised the issue of losses caused to industries by unscheduled power interruptions, the statement added.
Read More at: https://kashmirreader.com/2018/12/21/kcci-urges-compensation-for-damages-due-to-snowfall-reduction-in-gst-on-handicrafts/